Ibotta Stock: A Roller Coaster Ride

Ibotta's Wild Ride: After a dismal earnings report sent shares plummeting, the stock suddenly rebounded nearly 10% amid speculation of a short squeeze. Is this a sign of recovery for the beaten-down IPO, or just another twist in Ibotta's volatile journey? We break down the factors driving the surge, from potential Fed rate cuts to the company's $100 million buyback plan, and what it means for investors brave enough to ride this roller coaster. Hosted on Acast. See acast.com/privacy for more information.